DE LEITE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE LEITE
Largest movements
- Tangible fixed assets -€31,548
down €31,548 (-27.9%), from €112,883 to €81,335
of which Plant, machinery and equipment: -€21,859
- Cash +€30,270
up €30,270 (+41.8%), from €72,453 to €102,723
mainly Net result for the year (+€44,407) and Depreciation (+€38,348)
- Stocks and contracts -€28,207
down €28,207 (-6.0%), from €467,216 to €439,009
- Trade debts -€66,130
down €66,130 (-22.4%), from €295,681 to €229,551
- Profit (loss) carried forward +€44,407
up €44,407 (+14.0%), from -€317,972 to -€273,565
- Tax, wage and social debts -€10,838
down €10,838 (-23.4%), from €46,302 to €35,465
of which Remuneration and social security: -€15,930
- Gross operating margin +€102,640
up €102,640 (+78.3%), from €131,022 to €233,662
- Depreciation -€10,899
down €10,899 (-22.1%), from €49,247 to €38,348
- Staff costs -€5,358
down €5,358 (-3.5%), from €154,498 to €149,140
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,127 | €693,897 | -€33,230 | -4.6% |
| Fixed assets | 21/28 | €140,399 | €102,051 | -€38,348 | -27.3% |
| Intangible fixed assets | 21 | €26,822 | €20,022 | -€6,800 | -25.4% |
| Tangible fixed assets | 22/27 | €112,883 | €81,335 | -€31,548 | -27.9% |
| Land and buildings | 22 | €3,373 | €3,172 | -€201 | -5.9% |
| Plant, machinery and equipment | 23 | €80,354 | €58,494 | -€21,859 | -27.2% |
| Furniture and vehicles | 24 | €16,231 | €7,933 | -€8,298 | -51.1% |
| Other tangible fixed assets | 26 | €12,925 | €11,736 | -€1,190 | -9.2% |
| Financial fixed assets | 28 | €695 | €695 | = | 0.0% |
| Current assets | 29/58 | €586,727 | €591,845 | +€5,118 | +0.9% |
| Stocks and contracts in progress | 3 | €467,216 | €439,009 | -€28,207 | -6.0% |
| Stocks | 30/36 | €467,216 | €439,009 | -€28,207 | -6.0% |
| Amounts receivable within one year | 40/41 | €44,175 | €46,361 | +€2,185 | +4.9% |
| Trade receivables | 40 | €44,175 | €46,361 | +€2,185 | +4.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €72,453 | €102,723 | +€30,270 | +41.8% |
| Deferred charges and accrued income | 490/1 | €2,883 | €3,752 | +€869 | +30.1% |
| Total equity and liabilities | 10/49 | €727,127 | €693,897 | -€33,230 | -4.6% |
| Equity | 10/15 | -€95,619 | -€51,212 | +€44,407 | +46.4% |
| Contributions | 10/11 | €220,563 | €220,563 | = | 0.0% |
| Reserves | 13 | €1,790 | €1,790 | = | 0.0% |
| Distributable reserves | 133 | €1,790 | €1,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€317,972 | -€273,565 | +€44,407 | +14.0% |
| Amounts payable | 17/49 | €822,746 | €745,109 | -€77,637 | -9.4% |
| Amounts payable after more than one year | 17 | €480,094 | €480,094 | = | 0.0% |
| Financial debts | 170/4 | €480,094 | €480,094 | = | 0.0% |
| Amounts payable within one year | 42/48 | €341,983 | €265,015 | -€76,968 | -22.5% |
| Trade debts | 44 | €295,681 | €229,551 | -€66,130 | -22.4% |
| Suppliers | 440/4 | €295,681 | €229,551 | -€66,130 | -22.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €46,302 | €35,465 | -€10,838 | -23.4% |
| Taxes | 450/3 | €17,274 | €22,366 | +€5,092 | +29.5% |
| Remuneration and social security | 454/9 | €29,029 | €13,099 | -€15,930 | -54.9% |
| Accrued charges and deferred income | 492/3 | €669 | €0 | -€669 | -100% |
| Remuneration, social security and pensions | 62 | €154,498 | €149,140 | -€5,358 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,247 | €38,348 | -€10,899 | -22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €515 | €0 | -€515 | -100% |
| Other operating charges | 640/8 | €1,668 | €1,106 | -€562 | -33.7% |
| Gross operating margin | 9900 | €131,022 | €233,662 | +€102,640 | +78.3% |
| Operating profit (loss) | 9901 | -€74,907 | €45,068 | +€119,974 | |
| Financial income | 75/76B | €2,123 | €528 | -€1,596 | -75.2% |
| Recurring financial income | 75 | €2,123 | €528 | -€1,596 | -75.2% |
| Financial charges | 65/66B | €258 | €1,188 | +€931 | +361% |
| Recurring financial charges | 65 | €258 | €1,188 | +€931 | +361% |
| Profit (loss) for the period before taxes | 9903 | -€73,041 | €44,407 | +€117,448 | |
| Profit (loss) for the period | 9904 | -€73,041 | €44,407 | +€117,448 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,041 | €44,407 | +€117,448 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.